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FCC to offer breaks on loans in Sask., Alta.

Customers of Farm Credit Canada in parched areas of Alberta and Saskatchewan may be able to get breaks on their outstanding loan payments. FCC on Monday announced it would work with affected customers on “solutions for their operation(s)” such as deferral of principal payments and/or otherwise amending their loan payment schedules. The offer applies to

Livestock, Markets

FCC, BMO offer breaks on loans to poultry farmers

By GFM Network News, Manitoba Co-operator Staff January 2, 2015

Poultry producers up against direct impacts from avian influenza outbreaks at farms in British Columbia’s Fraser Valley may be able to get breaks on their outstanding loans with some lenders. Farm Credit Canada (FCC) and BMO Bank of Montreal both recently announced they may grant affected customers some leeway on payments. FCC said it “will

News

Young farmers offered new loans

May 3, 2012

Staff / Canadian farmers up to age 30-something are being offered loans to help them improve their operations by buying or upgrading land or farm buildings. Farm Credit Canada and the federal government rolled out a new Young Farmer Loan product, featuring variable rates at prime plus 0.5 per cent, plus no loan processing fees.

Hogs, Livestock

More Loan Deadlines Loom For Hog Producers

By Ron Friesen October 28, 2010

As Manitoba hog farmers struggle to repay their federal advance payment loans, another loan repayment deadline is looming. Over 130 provincial loans worth more than $40 million will start coming due for hog producers next April. Many producers are having trouble with their long-postponed advance payments and may find it even harder to repay loans

Hogs, Livestock

Hog Farmers’ Lenders Remain Tight Fisted: Cpc

By Manitoba Co-operator Staff February 11, 2010

Canadian hog producers trying to take advantage of a federal loan loss reserve program say they’ve run up against tough criteria for getting the government-backed loans. Jurgen Preugschas, president of the Canadian Pork Council, told the Manitoba Swine Seminar in Winnipeg Feb. 3 that fi-nancial institutions appear to be using much the same criteria as

Other

Cash advance deadline extended

January 29, 2009

Cattle and hog producers now have until Sept. 30, 2010 to repay cash advances they got from the federal Advance Payment Program (APP). The first $100,000 of each producer’s advance will continue to be interest free. The Canadian Federation of Agriculture had recently asked the government for such an extension as part of the CFA’s

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Tag Archives Loans

FCC to offer breaks on loans in Sask., Alta.

FCC, BMO offer breaks on loans to poultry farmers

Young farmers offered new loans

More Loan Deadlines Loom For Hog Producers

Hog Farmers’ Lenders Remain Tight Fisted: Cpc

Cash advance deadline extended

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